Feeds

Germans begin probe into BenQ Mobile collapse

'Whole staff been lied to'

Beginner's guide to SSL certificates

German public prosecutors are looking into the bankruptcy of German mobile phone manufacturer BenQ Mobile.

Chief senior public prosecutor Christian Schmidt-Sommerfeld told the southern German daily Süddeutsche Zeitung that it has started an investigation into the bankruptcy of BenQ Mobile, but declined to discuss details.

Insiders say BenQ Mobile's management was fully aware of the company's cashflow problems as early as August, but didn't communicate them to its employees and deliberately delayed filing for bankruptcy. According to some reports, the company also made false statements about the number of BenQ handsets sold in Q2. Instead of the reported 10.7 million, it only sold 7.4 million handsets.

The whole staff has been lied to, the head of the central works council at BenQ Josef Michael Leuker told German news agency DPA earlier this week. The company's bankruptcy trustee and BenQ Mobile have both refused to comment.

When the former Siemens unit collapsed in September, over 2,000 workers lost their jobs. Siemens decided to set up a €30m hardship fund for workers affected by the closure. The group was savaged by leading politicians for selling its loss-making handset business to Taiwan's BenQ last year.®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Brits: Google, can you scrape 60k pages from web, pleeease
Hey, c'mon Choc Factory, it's our 'right to be forgotten'
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
FCC, Google cast eye over millimetre wireless
The smaller the wave, the bigger 5G's chances of success
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.